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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Insurance policy income $ 641.5 $ 628.3 $ 1,269.9 $ 1,253.8
Net investment income:        
General account assets 351.7 308.1 653.6 600.3
Policyholder and other special-purpose portfolios 57.4 91.6 224.7 142.4
Investment gains (losses):        
Realized investment losses (26.3) (21.8) (36.3) (36.4)
Other investment gains (losses) 9.1 (13.5) 26.9 (13.5)
Total investment losses (17.2) (35.3) (9.4) (49.9)
Fee revenue and other income 32.8 30.1 83.9 82.2
Total revenues 1,066.2 1,022.8 2,222.7 2,028.8
Benefits and expenses:        
Insurance policy benefits 568.8 565.9 1,200.2 1,175.6
Liability for future policy benefits remeasurement (gain) loss (30.0) 8.3 (36.4) 8.9
Change in fair value of market risk benefits (0.2) (17.6) (13.9) (2.8)
Interest expense 64.2 57.6 124.4 112.3
Amortization of deferred acquisition costs and present value of future profits 61.4 56.0 121.9 111.5
Other operating costs and expenses 251.4 256.5 529.7 528.2
Total benefits and expenses 915.6 926.7 1,925.9 1,933.7
Income before income taxes 150.6 96.1 296.8 95.1
Income tax expense 34.3 22.4 68.2 22.2
Net income $ 116.3 $ 73.7 $ 228.6 $ 72.9
Basic:        
Weighted average shares outstanding (in shares) 107,731 114,273 108,347 114,409
Net income (in dollars per share) $ 1.08 $ 0.64 $ 2.11 $ 0.64
Diluted:        
Weighted average shares outstanding (in shares) 109,258 115,650 110,052 116,189
Net income (in dollars per share) $ 1.06 $ 0.64 $ 2.08 $ 0.63